A MONTY IN MONT ALBERT !

For Sale – Leased Investment - 701-705 Whitehorse Road, Mont Albert

Investment opportunity, Development/Land (Offices, Retail, Residential, Medical), Offices, Retail

Overview
Property ID: 18612
Price: Contact Agent
Rent: $146,911 (ex. GST)
Building: 477m²
Land: 794m²
Zoning: Mixed use zone
Description

POINT OF INTEREST:

A prime mixed use development opportunity, this Whitehorse Road fronted space is nestled in between Mont Albert, Surrey Hills and Box Hill retail precincts. With a 19 metre* frontage situated alongside the bustling 109 tram line, this property is accessible in both nature and location alike. Moments from signature local cafés Mister and Miss and Via Porta, this retail area is teeming with young families, industry professionals and a number of established, wealthy households. Suited for mixed-use purpose across retail, office or residential - development and more, the only certainty in this property is in the value gained.

- Highly desirable Mixed Use Zoning
- Commercial and/ or Residential development opportunity.
- Two buildings. Two titles.
- Prime Whitehorse Road frontage.
- Passing income $146,910.87 per annum.
- 109 tram at your doorstep.
- Popular Mont Albert locale.
- Total land area of 794 sqm*.
- 12* private car spaces.
- Air conditioned accommodation.
- Rear right of way access.
- Favourable North – South orientation.

701-703 Whitehorse Road
Building area 323sqm*
Land area 546sqm*

705 Whitehorse Road
Building area 154sqm*
Land area 248sqm*

POINT OF VIEW:

The window of opportunity stretches 19 metres across prime Whitehorse Road street frontage. Because the physical state is important, but true real estate sits in the minds of future prospects.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyLongford Woods Pty Ltd - Warranknox Electrical
Lease Term2 Years expiring 30 June 2023
Commenced1st July 2021
Rent ReviewNot applicable
Bond/GuaranteesNA
Outgoings PayableBy Lessee
Air ConditionerYes
AvailabilitySubject to a lease
Car Parking FeesN/A
Car Spaces12* at rear
ConditionVery good
FloorsConcrete and carpet
HeightVarious
LiftsN/A
Permits IssuedNA
Roller DoorsYes
SprinklersN/A
Suitable DevelopmentMultilevel mixed use residential and/or commercial
ZoningMixed use zone
Outgoings
Owners’ CorporationNA
Council Rates701-703 Whitehorse Road $4,800.20 , 705 Whitehorse Road $2,347.70
Land TaxSingle holding : 701-703 Whitehorse Road $8,999.00 , 705 Whitehorse Road $1,775.00
Agent Details
CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]

CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]

Ask About The Property
Send